At a glance INDUSTRIAL & LOGISTICS MARKET REVIEW, POLAND Q 0 MARKET SUMMARY The macroeconomic climate along with investment sentiment in Poland remains positive. Deflation is not interfering with improvements in economic indicators: GDP continues to grow, retail sales are higher, monthly salaries are increasing with the drop in unemployment rate and there has been a surge in industrial production. The record-low base reference rate at.% will have a positive impact on consumption. Additionally, despite strengthening of the Polish zloty, Poland has a positive trade balance. All these factors are reflected in the industrial and logistic market, which continues to improve. Logistics occupiers, encouraged by current trends and positive forecasts for Poland, show undimmed interest in expanding their operations, thus creating demand for more warehouse and logistic space. In Q 0 some 0,000 sqm were delivered, bringing the total stock of industrial & logistic space to 9. million sqm. The continuous high level of tenant activity meant the vacancy rate has dropped further by 0. p.p. reaching.%, a record-low in the last 0 years. A further,000 sqm is currently under construction, but by the year-end the space should be absorbed, without any significant impact on vacancy rate. Industrial & logistic assets continue to attract investors interest, which exerts a downward pressure on prime yields, currently standing at.-.%. In the first three months of 0 the transaction volume of industrial & logistics properties traded topped at 9 million, % of the whole quarterly investment volume. BNP Paribas Real Estate expects the gold rush to slow down due to lack of products available on the market. ProLogis, with % of the stock dominates the market, followed by Segro with % market share. Market share of warehouse stock by landlord, Q 0 P.% Goodman.% Logicor.% MLP.% Panattoni 0.% Hines.9% Segro.% Cromwell (formerly Valad).% Hillwood.% Prologis.% Others.% Source: BNP Paribas Real Estate MAP OF INDUSTRIAL & LOGISTICS HUBS & TRANSPORTATION NETWORK Gdańsk BNP Paribas Real Estate has divided the industrial & logistics market into the primary and secondary hubs as marked on the map. Szczecin Bydgoszcz Olsztyn Białystok Primary Hubs:. Warsaw I & Warsaw II. Upper Silesia. Central Poland. Poznań. Wrocław. Tri-City Secondary Hubs:. Kraków. Bydgoszcz / Toruń. Szczecin. Rzeszów / Lublin MAJOR NATIONAL ROADS HIGHWAYS: EXISTING UNDER CONSTRUCTION PLANNED EXPRESS ROADS: EXISTING UNDER CONSTRUCTION PLANNED Zielona Góra Gorzów Wlkp. Poznań Wrocław Toruń Opole Łódź Piotrków Tryb. Katowice Kielce Warszawa Lublin Kraków Rzeszów
AT A GLANCE - INDUSTRIAL & LOGISTICS MARKET REVIEW, POLAND - Q 0 PRIMARY HUBS Warsaw I & Warsaw II The largest market in Poland is split into two zones: Warsaw I within Warsaw boundaries, holding.% of the market share in terms of supply, Warsaw II within 0 km radius from the city boundaries accounting for.9% of market share. The hubs benefit from the critical mass of the Warsaw agglomeration, its central location in Poland and convenient transportation links with other parts of Poland as well as Europe. Warsaw I Hub serves mainly the agglomeration, with some schemes providing services also to the regions. Many projects within this hub are let in smaller units when compared to typical out-of-town logistic parks. It is has experienced a lot of recent letting and reletting activity and records the highest rental rates across Poland. Vacancy rate in Warsaw Hubs remains one of the highest in Poland with.9% and.% recorded at the end of March 0. No scheme was delivered in Zone and Zone II saw completion of,00 sqm in Q 0. There is,00 sqm under construction in Zone and,00 sqm in Zone. WARSAW I Pomiechówek NOWY DWÓR MAZOWIECKI Czosnów Jabłonna Narew Wieliszew Nieporęt LEGIONOWO Ryżowa Nowolazurowa Kleszczowa AL. JEROZOLIMSKIE W-WA RAKÓW 0 9 Szyszkowa Łopuszańska AL. KRAKOWSKA Lotnisko Warszawa Okęcie im. Fryderyka Chopina E ŁOMIANKI POŁUDNIOWA OBWODNICA WARSZAWY (S) MARKI KOBYŁKA WOŁOMIN Izabelin C Stare Babice 9 0 S E ZĄBKI ZIELONKA E0 OŻARÓW MAZOWIECKI BRWINÓW PODKOWA LEŚNA E A Nadarzyn. Supply of over 00,000 sqm PIASTÓW PRUSZKÓW Utrata S S Opacz E 9 0 Janki Lesznowola PIASECZNO WARSZAWA 9 KONSTANCIN- -JEZIORNA E0 JÓZEFÓW OTWOCK KARCZEW 0 km. Annopol Business Park. Bokserska Distribution Center. City Point. Diamond Business Park Ursus. Distribution Park Annopol. Distribution Park Okęcie. Gate One. Airport House 9. Ideal Distribution Centre 0. Ideal Idea III. Kolmet. Krakowska Distribution Center. Łopuszańska Business Park. Manhattan Business & Distribution Center. Metropol Park Jagiellońska. Norblin Industrial Park. Platan Park. Prologis Park Warsaw II 9. Prologis Park Warsaw Żerań 0. Segro Business Park Warsaw, Żerań. Space Distribution Center. Ursus Logistic Center. Warsaw Distribution Center. Żoliborskie Centrum Biurowo- Magazynowe
AT A GLANCE - INDUSTRIAL & LOGISTICS MARKET REVIEW, POLAND - Q 0 KEY INDICATORS AND TRENDS WARSAW I WARSAW II 9,0 sqm,,0 sqm,00 sqm,00 sqm Vacancy rate.9%.%.0-.00 per sqm/month.0-.0 per sqm/month **As of March 0 WARSAW II Dzierzążnia Czerwińsk nad Wisłą Wyszogród Bzura Brochów Młodzieszyn Nowy Kawęczyn Rawka Naruszewo Pisia Płońsk Utrata Regnów Cielądz Kampinos Joniec Załuski Zakroczym Leoncin Biała Rawska Leszno Nowe Miasto Sadkowice Wkra Pomiechówek Czosnów Błędów Świercze Izabelin C Nasielsk Stare Babice Winnica Utrata Belsk Duży Jabłonna E Goszczyn Pokrzywnica J. Zegrzyńskie Narew Wieliszew Jeziorka Jasieniec Serock Nieporęt Zatory Bug Kobyłka Pilica Somianka Dąbrówka S Klembów Sulejówek Ożarów E0 Mazowiecki S 9 0 WARSZAWA 9 Teresin Błonie 0 Wiązowna 0 9 Pruszków Józefów 0 Raszyn Milanówek Brwinów Baranów Podkowa E0 Leśna 9 OTWOCK Lesznowola Wiskitki A Nadarzyn Konstancin- Jaktorów GRODZISK -Jeziorna MAZOWIECKI Karczew E PIASECZNO E ŻYRARDÓW 9 0 Radziejowice Żabia Wola Puszcza Tarczyn Góra Mariańska MSZCZONÓW Kalwaria Prażmów S 0 0 0 Pniewy Sobienie- -Jeziory Kowiesy Chynów SOCHACZEW 9 Rawa Mazowiecka 0 E NOWY DWÓR MAZOWIECKI ŁOMIANKI GRÓJEC S LEGIONOWO Marki Radzymin Zielonka Ząbki WOŁOMIN Warka 9 Grabów nad Pilicą 0 0 0 km. AB Logistyka. Atlantic. Altmaster Wola Mrokowska. Altmaster Pęcice. Altmaster Piaseczno. Błonie Business Park. Diamond Business Park Raszyn. Distribution Park Grodzisk Mazowiecki 9. Good Point Puławska I 0. Good Point Puławska II, IIIa, IIIb. Goodman Warsaw Logistics Centre. Logicor Błonie. Logicor Łazy. Logicor Piaseczno. Logicor Święcice. Logicor Teresin. Menard Doswell Parzniew. Metropol Park Błonie 9. MLP Pruszków I 0. MLP Pruszków II. MLP Teresin. Ożarów Logistic Center. P Błonie. P Mszczonów. Panattoni Park Błonie. Panattoni Park Garwolin. Panattoni Park Grodzisk. Panattoni Park Ożarów I, II 9. Panattoni Park Pruszków 0. Panattoni Park Pruszków II. Piaseczno Business Park. Point of View Góra Kalwaria. Point of View Kawęczyn. Point of View Piaseczno. Prologis Park Błonie. Prologis Park Błonie II. Prologis Park Janki. Prologis Park Nadarzyn 9. Prologis Park Sochaczew 0. Prologis Park Teresin. Pruszkowskie Centrum Dystrybucyjne. Raszyn Business Park. Reguły Logistic Park. Segro Business Park Warsaw, Ożarów. Segro Logistics Park Warsaw, Nadarzyn. Segro Logistics Park Warsaw, Pruszków. Techniczna Industrial Park. WAN Pruszków
AT A GLANCE - INDUSTRIAL & LOGISTICS MARKET REVIEW, POLAND - Q 0 Upper Silesia The Upper Silesian Hub with.% of the market share in terms of total stock remains number two regarding the overall volume of modern warehouse and logistic accommodation. In the last quarter the market expanded by 0,00 sqm. A further 9,0 sqm is currently under construction. Benefiting from an excellent transportation network, including A and A motorways running across the region, proximity to Southern and Western borders of Poland, as well as a substantial manufacturing base and large consumer market, the Hub has attracted key players, who have developed logistic parks along the main transport corridors. Demand remains strong within the area with occupiers recruiting mainly from PL, manufacturing and FMCG companies. Due to the vacancy rate, which only decreased by 0. p.p. over the last quarter, rents have remained flat over the last few quarters and this situation is unlikely to change in the mid-term horizon. KEY INDICATORS AND TRENDS UPPER SILESIA,0,0 sqm 9,0 sqm Vacancy rate.% **As of March 0.0-.0 per sqm/month UPPER SILESIA Kolonowskie Zawadzkie Ruda J. Rybnickie Mała Panew Lubliniec Kochanowice Koszęcin Boronów Starcza Poraj Kamienica Polska J. Porajskie Koziegłowy Żarki Jemielnica Strzelce Opolskie 0 0 Ujazd Kuźnia Raciborska Nędza Rudziniec Warmątowice Toszek Olza Krupski Młyn Wielowieś Pyskowice Lyski Jejkowice Gaszowice Rydułtowy Pszów Jankowice Radlin Marklowice WODZISŁAW ŚLĄSKI Gorzyce Bohumín ORLOVÁ Petřvald 9 0 E0 A Mszana Godów GLIWICE Zebrzydowice H żl h Tworóg Zbrosławice Dębowiec Pszczynka Pawłowice Kłodnica Orzesze Suszec J. Goczałkowickie Kalety TARNOWSKIE GÓRY Radzinków A BYTOM Sośnicowice A KNURÓW Pilchowice Gierałtowice Ormontowice KARVINÁ RYBNIK 0 0 0 km 9 0 ZABRZE JASTRZĘBIE- -ZDRÓJ CZERWIONKA- -LESZCZYNY A ŻORY Strumień RUDA ŚL. Miasteczko Śl. Ożarowice Świerklaniec Brynica ŚWIĘTOCHŁOWICE Chybie Łaziska G. Wyry TYCHY PSZCZYNA Bobrowniki CHORZÓW 9 E0 E Kobiór CZECHOWICE- -DZIECICE Woźniki PIEKARY ŚL. Wojkowice KATOWICE E Jasienica E A Miedźna Bojszowy Mierzącice Psary Kozy sza Prze m Cza rna Brzeszcze Wilamowice Bestwina Soła Przemsza Warta Siewierz DĄBROWA G. Poręba 0 9 9 S SOSNOWIEC MYSŁOWICE JAWORZNO S S Imielin A E0 E Chełm Śl. Lędziny Libiąż 9 Bieruń Chełmek Goczałkowice- -Zdrój BIELSKO- -BIAŁA S9 E S MYSZKÓW OŚWIĘCIM Kęty Przeciszów Osiek Polanka Wielka Wieprz Andrychów. Alliance Silesia Logistics Center. Centrum logistyczne Milowice. City Flex Business Park Bytom. City Flex Business Park Gliwice. City Flex Business Park Katowice. City Flex Business Park Sosnowiec. Diamond Business Park Gliwice. Distribution Park Będzin 9. Distribution Park Sosnowiec 0. DL Invest Park Dąbrowa Górnicza. DL Invest Park Psary/Czeladź. Goodman Gliwice Logistics Centre. Goodman Sosnowiec Logistics Centre. Górnośląski Park Przemysłowy. Logicor Czeladź. Logicor Gliwice I. Logicor Gliwice II. Logicor Mysłowice 9. MLP Bieruń 0. MLP Gliwice. MLP Tychy. Panattoni Park Bielsko-Biała. Panattoni Park Bielsko-Biała II. Panattoni Park Gliwice II. Panattoni Park Sosnowiec. Prologis Park Będzin II. Prologis Park Chorzów. Prologis Park Dąbrowa 9. Prologis Park Ruda 0. Prologis Park Ujazd. Segro Business Park Gliwice. Segro Industrial Park Tychy. Segro Industrial Park Tychy II. Segro Logistics Park Gliwice. Silesia Logistic Park. Śląskie Centrum Logistyczne. Terminal Logistyczny Promont Tychy
AT A GLANCE - INDUSTRIAL & LOGISTICS MARKET REVIEW, POLAND - Q 0 Poznań In Q 0 the Poznań Hub recorded the highest level of new supply, which amounted 9,00 sqm, bringing the total stock to nearly. million sqm. Additional 0,00 sqm is currently under construction. Despite high level of deliveries, vacancy increased only by.% reaching a mere.%. Prime headline rents slightly dropped by % to.0 per sqm/month. KEY INDICATORS AND TRENDS POZNAŃ,,900 sqm 0,00 sqm Vacancy rate.%.0-.0 per sqm/month **As of March 0 POZNAŃ Lubasz Połajewo Ryczywół WĄGROWIEC Wronki Obrzycko Rogoźno Mieścisko Sroki Ostroróg Szmotuły Oborniki Warta Kłecko A 9 Mogilnica Duszniki E0 Buk Opalenica Grodzisk Wielkopolski Kamieniec Śmigiel Granowo E Lipno Kaźmierz Tarnowo Podgórne 9 0 Dopiewo E Kościan Rokietnica S Komorniki Stęszew Czempiń Mosina Krzywiń Suchy Las Puszczykowo Brodnica Warta Murowana Goślina Czerwonak POZNAŃ 9 ŚREM Dolsk SWARZĘDZ 0 Kórnik Pobiedziska Kostrzyn 9 Zaniemyśl Kleszczewo E0 Książ Wielkopolski Jaraczewo Kiszkowo E Środa Wielkopolska Dominowo Krzykosy Łubowo Czerniejewo Nekla A Miłosław S Nowe Miasto n. Wartą JAROCIN 0 0 0 km. Centrum Magazynowe Bugaj. Clip Centrum Logistyczno Inwestycyjne Poznań. Distribution Park Gądki. Doxler. Goodman Poznan II Logistics Centre. Goodman Poznań Airport Logistics Centre. Goodman Poznań Logistics Centre. Logicor Poznań I 9. Logicor Poznań II 0. Logicor Poznań III. Logit. Luvena Logistic Park Poznań. MLP Poznań. MLP Poznań Zachód. Nickel Technology Park Poznań. P Poznań. Panattoni Park Poznań III. Panattoni Park Poznań IV 9. Prologis Park Poznań I 0. Prologis Park Poznań II. Prologis Park Poznań III. Segro Logistics Park Poznań, Gądki. Segro Logistics Park Poznań, Komorniki
AT A GLANCE - INDUSTRIAL & LOGISTICS MARKET REVIEW, POLAND - Q 0 Wrocław The region benefits from proximity of A motorway allowing excellent links with Germany and further with other Western and Southern Europe countries. The Wrocław Hub continues to attract lot of developers and occupiers attention, which is reflected in record-low vacancy rate for the Hub at.% at the end of Q 0. Rents have increased by % over the last months. The total industrial & logistics stock amounted over. million sqm at the end of March and will be expanded by over 0,000 sqm of new deliveries in the coming quarters. KEY INDICATORS AND TRENDS WROCŁAW,,000 sqm 0,00 sqm Vacancy rate.% **As of March 0.90-.0 per sqm/month WROCŁAW Wąsosz Jemielno Milicz Wińsko Żmigród Krośnice S Wołów Prusice Twardogóra Oborniki Śl. Trzebnica Zawonia E0 Malczyce Żarów Środa Śląska J. Mietkowskie Brzeg Dolny A Kostomłoty Kąty Wrocławskie ŚWIDNICA Pieszyce Mietków 9 Marcinowice Sobótka BIELAWA Piława Górna Odra Miękinia Strzegomka Łagiewniki DZIERŻONIÓW Niemcza Ciepłowody Wisznia Mała 0 9 A S Kobierzyce Żórawina E Jordanów Śląski A WROCŁAW Borów Kondratowice E Oława Domaniów Strzelin Przeworno 9 Długołęka E0 Czernica Siechnice Wiązów 9 9 Dobroszyce S Odra Oława E OLEŚNICA Jelcz- -Laskowice OŁAWA Skarbimierz Osiedle A Grodków S BIerutów Lubsza Olszanka BRZEG E0 9 0 0 0 km. Distribution Park Wrocław. Eurologis. Gazowa Industrial Park. Goodman Wrocław East Logistics Centre. Goodman Wrocław South Logistics Centre. Panattoni Park Wrocław I. Panattoni Park Wrocław II. Panattoni Park Wrocław III 9. Panattoni Park Wrocław IV 0. Prologis Park Wrocław I. Prologis Park Wrocław III. Prologis Park Wrocław IV. Prologis Park Wrocław V. Segro Industrial Park Wrocław. Skalski Logisitic Park. Tiner Logistic Park. Wrocław Bielany Business Park. Wrocław Business Park 9. VATT Invest Wrocław
AT A GLANCE - INDUSTRIAL & LOGISTICS MARKET REVIEW, POLAND - Q 0 Central Poland Being located close to A and A motorway junctions is the key advantage of the Hub, attracting both developers as well as occupiers. The total stock reached. million sqm at the end of March 0. Due to no completions and solid demand, vacancy rate decreased further to.%. As a result, rents have moved up by % in the last quarter. KEY INDICATORS AND TRENDS CENTRAL POLAND,,00 sqm,00 sqm Vacancy rate.%.0-.0 per sqm/month **As of March 0 CENTRAL POLAND Łęczyca E Parzęczew Bzura Zelów Góra św. Małgorzaty Ozorków ZGIERZ Aleksandrów Łódzki Lutomiersk Dobroń Kluki 9 Witonia Konstantynów Łódzki S Ner Widawka Grabia Drużbice Piątek Moszczenic a PABIANICE Dłutów E A E0 ŁÓDŹ Grabica BEŁCHATÓW Bzura Stryków 0 Wola Krzysztoporska Rozprza Mroga Bielawy Głowno Czarnocin Moszczenica Domaniewice Dmosin Brzeziny 9 Andrespol A 9 Ksawerów Rzgów Brójce E A Tuszyn E A 9 9 0 9 Wolbórk a Zduny Będków Wolbórz Luciąża ŁOWICZ Rogów Koluszki Rokiciny J. Sulejowskie Pilica Chąśno Łyszkowice Lipce Reymontowskie Słupia Ujazd PIOTRKÓW TRYBUNALSKI Budziszewice Czarna Bzura Nowa Sucha Rawka Nieborów Bolimów SKIERNIEWICE Jeżów TOMASZÓW MAZOWIECKI Sulejów A 0 9 E0 Maków Lubochnia Mniszków Aleksandrów Godzianów Skierniew ka Głuchów Żelechlinek E S Sławno Paradyż Żarnów Nowy Kawęczyn Rawa Mazowiecka Czerniewice Pilica Rzeczyca Inowłódz Opoczno Białaczów 0 0 0 0 0 km Rawka. Diamond Business Park Stryków. Goodman Łódź Logistics Centre. Logicor Łódź. Logicor Łódź II. Logicor Łódź III. Logicor Stryków. Logis. Logistic City Piotrków Distribution Centre 9. Łódź Business Park 0. P Piotrków. Panattoni Park Business Center Łódź. Panattoni Park Business Center Łódź II. Panattoni Park Łódź East. Prologis Park Piotrków I. Prologis Park Piotrków II. Prologis Park Rawa. Prologis Park Stryków. Segro Business Park Łódź 9. Segro Logistics Park Łódź 0. Segro Logistics Park Stryków
AT A GLANCE - INDUSTRIAL & LOGISTICS MARKET REVIEW, POLAND - Q 0 Tri-City Located close to the sea (Deep Container Terminal in Gdańsk) and A motorway connection with south of the country, provides a good ground for development of this industrial and logistics hub in the Tri-City area. The total stock of Tri-City Hub reached over,00 sqm with a further,00 sqm under construction. Vacancy rate has shrunk from.0% to.% at Q 0. KEY INDICATORS AND TRENDS TRI-CITY,00 sqm,00 sqm Vacancy rate.%.0-.0 per sqm/month **As of March 0 TRI-CITY Krokowa Władysławowo J. Żarnowieckie Gniewino Puck Jastarnia Luzino E WEJHEROWO Szemud Reda RUMIA Reda Kosakowo 0 S E Zatoka Pucka GDYNIA SOPOT Hel Zatoka Gdańska Przodkowo 0 GDAŃSK Chmielno J. Raduńskie Dln. Somonino 0 Nowa Karczma KARTUZY Przywidz Liniewo Stara Kiszewa Żukowo Zblewo Kolbudy Radunia Trąbki Wielkie Skarszewy STAROGARD GDAŃSKI S PRUSZCZ GDAŃSKI A 9 E Suchy Dąb Pszczółki 9 E TCZEW Sulkowy 9 Martwa Cedry Wielkie Ostaszewo Lichnowy Miłoradz Nowy Staw MALBORK SZTUM Stegna Sztutowo Nowy Dwór Gdański Nogat Stary Targ 0 0 0 km. Centrum Logistyczne Gdańsk Kowale I. Centrum Logistyczne Gdańsk Kowale II. Centrum Logistyczne Gdańsk Kowale III. Centrum Logistyczne Gdańsk Kowale IV. Centrum Magazynowe Hutnicza. Diamond Business Park Gdańsk. Goodman Pomeranian Logistics Centre. Logistic Center Pruszcz Gdański 9. Panattoni Park Gdańsk 0. Port Gdynia Logistic Centre. Prologis Park Gdańsk. Segro Logistics Park Gdańsk
AT A GLANCE - INDUSTRIAL & LOGISTICS MARKET REVIEW, POLAND - Q 0 SECONDARY HUBS Kraków Despite high demand for logistics space in the Kraków Hub, which is confirmed by continuous low level of vacancy rates, new development is limited and the area lags behind the Primary Hub league. As a result of the weak supply and strong demand, rents in Kraków Hub are among the highest in Poland with the tendency to grow. The situation will continue in the mid-term horizon. Vacancy grew to.% at the end of Q 0. The planned delivery of,0 sqm over the next few months will put Kraków region on the list primary industrial and logistics hubs. KEY INDICATORS AND TRENDS KRAKÓW 9,00 sqm,0 sqm Vacancy rate.%.-.00 per sqm/month **As of March 0 KRAKÓW Pilica Ogrodzieniec Książ Wielki Wolbrom Charsznica Miechów E Słaboszów Działoszyce Klucze Bolesław Bukowno OLKUSZ 0 Trzyciąż Sułoszowa 9 Gołcza Skała Słomniki Radziemice Racławice Pałecznica Skalbmierz Czarnocin Kazimierza Wielka Trzebinia Tomice Spytkowice S kawa Wadowice Krzeszowice CHRZANÓW 9 A E0 E Babice Alwernia Brzeźnica Kalwaria Zebrzydowska Stryszów Świnna Mucharz Poręba (bud.) Zembrzyce Budzów Sucha Beskidzka Stryszawa Zawoja S kawa Jerzmanowice Liszki Czernichów Zabierzów Lanckorona Maków Podhalański Bystra S 9 Wielka Wieś Skawina Tokarnia Jordanów Mogilany E Sułkowice Iwanowice Włościańskie Michałowice Zielonki S J. Dobczyckie Myślenice Lubień KRAKÓW Wieliczka Świątniki Górne Siepraw Pcim Rabka- -Zdrój Luborzyca Dobczyce Wiśniowa Mszana Dolna Koniusza 9 Niepołomice A Tomaszkowice Niedźwiedź Gdów Raciechowice Jodłownik Dobra Raba Proszowice Wawrzeńczyce Kłaj Łapanów Nowe Brzesko Tymbark Trzciana Nowy Wiśnicz Żegocina Laskowa Limanowa Słopnica Drwina E0 Raba Rzezawa BOCHNIA Lipnica Murowana Łukowica 0 0 0 km. Centrum Logistyczne Kraków Kokotów. Centrum Logistyczne Kraków I. Centrum Logistyczne Kraków II. Centrum Logistyczne Kraków III. Goodman Kraków Airport Logistics Centre. Logicor Kraków. MARR Business Park. MG Logistic 9. Panattoni Park Kraków II 0. RB Logistic. Witek AirPort Logistic Centre. Supply up to 00,000 sqm 9
AT A GLANCE - INDUSTRIAL & LOGISTICS MARKET REVIEW, POLAND - Q 0 Rzeszów / Lublin The Rzeszów-Lublin Hub has been gaining in importance due to the fact that these are the last industrial and logistic spots at the EU border. The stock increased by 0,00 sqm bringing the total warehouse and logistics accommodation to over 9,00 sqm. The vacancy rate rose to %, which is the highest level across all the hubs. Despite increase in availability, BNP Paribas Real Estate observed a % rent increase over the last quarter. KEY INDICATORS AND TRENDS RZESZÓW / LUBLIN 9,00 sqm 90,00 sqm Vacancy rate.0%.00-.0 per sqm/month, **As of March 0 LUBLIN S Końskowola Kurów Markuszów Wąwolnica Nałęczów Wojciechów Poniatowa Bełżyce Garbów Jastków LUBLIN Konopnica Niemce Bystrzyca Spiczyn Jakubowice Murowane S Wieprz ŚWIDNIK Mełgiew S Ludwin Puchaczów Łęczna Milejów Cyców Chodelka Chodel Niedrzwica Duża Borzechów Jabłonna Piaski Fajsławice Trawniki 0 0 0 km Łopiennik. Centrum Logistyczne Mełgiewska. MLP Lublin RZESZÓW Szydłów Staszów Koprzywnica Łoniów TARNOBRZEG Grąbów STALOWA WOLA Tuczępy Rytwiany Osiek Baranów Sandomierski Łęg Oleśnica 9 Pacanów Połaniec Łubnice Wisłoka Padew Narodowa Gawłuszowice Borowa Tuszów Narodowy Nowa Dęba 9 Majdan Królewski Bojanów Szczucin Wadowice Górne MIELEC Niwiska Cmolas E Kolbuszowa Przyr wa Dzikowiec Raniżów Radgoszcz Dąbrowa Tarnowska Radomyśl Wielki Przecław Głogów Małopolski Lisia Góra TARNÓW Skrzyszów Czarna E0 Pilzno Żyraków Zalew Pilzno Pustków DĘBICA Ostrów A Ropczyce Sędziszów Młp. Iwierzyce Czudec Świlcza RZESZÓW Boguchwała 9 Trzebownisko Wisłok 0 0 0 km Tyczyn. Centrum Logistyczne Rogoźnica. Korczowa Logistic Park. Omega Pilzno. Panattoni Park Rzeszów. Skalski Logistic Park Podgrodzie 0
AT A GLANCE - INDUSTRIAL & LOGISTICS MARKET REVIEW, POLAND - Q 0 Toruń / Bydgoszcz Panattoni and Goodman are the most active players within Toruń/ Bydgoszcz Hub, which remains the second smallest industrial and logistics market in Poland. The region recorded the sharpest drop in vacancy rate, which fell from.% at the end of 0 to.% at the end of Q 0. The hub, totalling,00 sqm offers very competitive rental rates. In the foreseeable future, no significant change is expected. KEY INDICATORS AND TRENDS TORUŃ / BYDGOSZCZ,00 sqm 0 Vacancy rate.%.0-.0 per sqm/month, **As of March 0 Sicienko Kanał Notecki Br TORUŃ / BYDGOSZCZ E BYDGOSZCZ 0 Białe Błota S S0 S Dobrcz Osielsko 0 Zławieś Wielka Solec Kujawski Dąbrowa Chełmińska Unisław 0 Łubianka TORUŃ Papowo Biskupie Chełmża Łysomice 0 A E Lubicz Dolny Kowalewo Pomorskie Drwęca Łabiszyn Noteć Barcin Złotniki Kujawskie Nowa Wieś Wielka Rojewo Wielka Nieszawka Mała Nieszawka Gniewkowo S0 Obrowo Aleksandrów Kujawski 0 0 0 km Ciechocinek. Logistic and Business Park Bydgoszcz. Diamond Business Park Toruń. Goodman Toruń Logistics Centre. Panattoni Park Toruń Szczecin Hub The Szczecin Hub has been developing slowly, holding the smallest market share of all the industrial and logistics hubs across Poland. Recent activity was limited to completion of the next phase of North-West Park, which was successfully leased, leaving only.% vacancy in the overall stock volume. KEY INDICATORS AND TRENDS SZCZECIN,00 sqm,00 sqm Vacancy rate.%.0-.0 per sqm/month, **As of March 0 SZCZECIN 0 Brüssow Randow E Penkun Gartz h Dobra 0 Kołbaskowo A Odra Zach. POLICE Gryfino S E Odra J. Dąbie SZCZECIN 0 E Małe Dąbie E 0 E S S Płonia Goleniów Ina Kobylanka J. Stare Miedwie Czarnowo S0 Osina Maszewo Stara Dąbrowa STARGARD SZCZECIŃSKI Ina 0 0 0 0 km. North-West Logistic Park. Prologis Park Szczecin
AT A GLANCE - INDUSTRIAL & LOGISTICS MARKET REVIEW, POLAND - Q 0 List of major letting transactions in Q 0 Tenant Scheme Hub Area leased (sqm) Type of lease Fiege P Mszczonów Warsaw II 0, +, Renegotiation + expansion Jysk Logistic City Central Poland 0,00 New FM Logistic P Piotrków Central Poland,00 +,900 Renegotiation + expansion Nippon Goodman Toruń Logistics Center Bydgoszcz / Toruń,000 Renegotiation RR Donneley Panattoni Park Łódź East Central Poland,000 Renegotiation L Oreal ProLogis Park Błonie II Warsaw II 9,00 Renegotiation KMC Services Kraków Airport Logistics Centre Kraków,000 New Sarantis MLP Pruszków II Warsaw I,00 Renegotiation Confidential ProLogis Park Szczecin Szczecin 0,00 New Dedra Exim MLP Pruszków Warsaw II 0,000 Renegotiation List of major investment transactions in Q 0 Project Location Purchaser Seller Price ( million) Warehouse portfolio Błonie, Piotrków Trybunalski P / TPG CA Immo / EBRD 0.0 Warehouse portfolio Mszczonów, Tomaszów Mazowiecki WP Carey FM Logistic.0 Skalski Logistic Wrocław Hillwood Skalski.0 Source: BNP Paribas Real Estate CONTACTS Anna Staniszewska Director, Research & Consultancy CEE, anna.staniszewska@bnpparibas.com Katarzyna Pyś-Fabiańczyk Head of of Industrial & Logistics Department, katarzyna.pys-fabianczyk@bnpparibas.com Martyna Kajka Junior Consultant, Industrial & Logistics Department, martyna.kajka@bnpparibas.com Tomasz Gnich Assistant, Industrial & Logistics Department, tomasz.gnich@bnpparibas.com Erik Drukker Managing Director, Agency & Valuations CEE, erik.drukker@bnpparibas.com Izabela Mucha Director, Valuations CEE, izabela.mucha@bnpparibas.com John Palmer Director, Industrial Investments & Valuations CEE, john.palmer@bnpparibas.com BNP Paribas Real Estate Poland Sp. z o.o. al. Jana Pawła II, 00- Warsaw Tel. + 00 All rights reserved. At a Glance is protected in its entirety by copyright. No part of this publication may be reproduced, translated, transmitted, or stored in a retrieval system in any form or by any means, without the prior permission in writing of BNP Paribas Real Estate. www.realestate.bnpparibas.pl